News

MAS urges finance firms to ease dividends after pressing on banks

MAS urges finance firms to ease dividends after pressing on banks

They are also suggested to offer shareholders the option of receiving FY2020 dividends in scrip.

Wilmar unit YKA gets green light for Shenzhen IPO

It now seeks the final registration approval from the China Securities Regulatory Commission.

Starhub's profit down 5.6% to $37.3m in Q2

Most of its business segments saw decline in revenue.

CapitaLand's profit dropped 89% to $96.61m in H1

The group suffered from lower contributions from its malls and residential projects.

SGX RegCo proposes a new enforcement framework in the securities market

The firm aims to have powers on cases that call for public sanctions that the LDC can hear.

Genting Singapore sinks into red with $116.68m loss in H1

The group said it suffered almost zero revenue in Q2 due to COVID-19 disruptions.

OCBC's H1 net profit plunges 42% to $1.43b

Q2 group net profit picked up 5% from Q1 but crashed 40% from a year earlier.

Daily Markets Briefing: STI up 1.04%

Riverstone led the gains amongst top active stocks with a 7.6% expansion.

Singapore and Australia sign digital economy agreement

It aims to enable trusted cross-border data flows without unnecessary and costly requirements.

Sembcorp Industries, Sembmarine respond to shareholder queries

Both firms assured that the demerger deal is in the best interests of shareholders.

HDB resale prices up 1.5% in July

Analysts noted that the figure reiterates the HDB resale market’s stability.

Sea Group's shares surge 880% in 18 months: report

It recorded the largest gain worldwide amongst companies with a $1.34b market value.

Alibaba Pictures to delist from SGX-ST on 4 December

Upon delisting, the shares will only be traded on the Hong Kong Stock Exchange.

NetLink NBN Trust's profits grew 12.4% to $23.5m in Q1

This is despite revenue declines partly driven by fewer installation orders.

Yangzijiang Shipbuilding's profit sank 17% to $152.58m in Q2

Revenue from its core shipbuilding business fell.